Mortgage Weekly Update - Last Week in Review - Mortgage Market Guide - Will the Fed raise rates again?
According to Mortgage Specialist, Foster Weeks, the Fed may raise rates again on fears of inflation. Ideally the target rate of inflation is between 1-2%, however, a week ago last Friday they reported inflation was at 2.8%; higher than the Fed wants. This could indicate that we are in for more interest rate hikes. Even so, rates are still relatively low, historically speaking.Read the entire article here.
- Mick Orton
posted by SFResidence.com @ 7:35 AM
0 Comments:
Post a Comment
<< Home